£231,017
This estimated value is based upon the latest sale price for the house of £124,000 on 24 May 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £124,000 | 24 May 2005 |
| £34,999 | 31 May 2001 |
| £40,000 | 23 Jul 1999 |
| Flats/Maisonettes |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in May 2005 the House Price Index for ESSEX was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £124,000 results in an estimated price of approximately £231,017.
| 24 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £124,000 | £107,017 | £231,017 |
The Postcode Pricing Model uses changes in average sales price within the SS11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 68.467 % | £84,898 | £208,898 |
| 3 Month Average | 88.935 % | £110,279 | £234,279 |
| 6 Month Average | 86.978 % | £107,852 | £231,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £345,000 | £345,000 | 109 HILL AVENUE |
| 17 Nov 2023 | £225,730 | £220,000 | 258 BEAUCHAMPS DRIVE |
| 20 Oct 2023 | £409,296 | £400,000 | 173 BEAUCHAMPS DRIVE |
| 3 Aug 2023 | £290,235 | £285,000 | 6 REDGATE CLOSE |
| 21 Jun 2023 | £374,505 | £367,000 | 197 BEAUCHAMPS DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Mercury Close | |
| Apr 2024 | Anti-social behaviour | On or near Whist Avenue |